Cannabis Hemp Exchange (CHEX)

The CHEX is a technology development company powering industry-agnostic marketplace & supply chain solutions with a focus on the Cannabis sector. We provide integrated software and Blockchain applications with a premium user experience (UX).

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FEATURES

Fully customized platform for your business needs

The most complete software & user experience supporting wholesale exchange of cannabis commodity and finished products. Customized development tailored to your business and regulatory requirements. We power private-label Wholesale Commodity Exchange platforms for Intermediary clients, such as Distributors, Wholesale Consultants and other Wholesale Exchange Platforms, to help them facilitate B2B transactions and develop new business more efficiently. Also provided are Wholesale Storefronts or “Shops” for Suppliers of cannabis commodity and finished products – Cultivators, Manufacturers, Intermediaries, Product Brands – to use as a digital marketing, order management and distribution tool.

Inventory Management

End-users manage inventory within our built-in solution by creating Buy and Sell order lots of commodity products (e.g. Flower, Trim, Oil) to transact on the Exchange. A dedicated inventory solution for finished products is provided as well. We’ll also integrate with your existing Seed to Sale, Manufactured Product and POS inventory systems so you can seamlessly import inventory that is ready for sale. Upon executing Buy or Sell transactions, integrated platforms will get automatically updated to allow convenient reporting of business activity. Contact us to request integration with a specific platform.

B2B Social Network keeps everyone connected

Build your industry profile and network in one convenient app. Intuitive social features help manage business relationships. Search and chat with contacts using inbox messaging. Connect in person via QR Codes for instant visibility into everyone’s market activity and industry role. A vouching system establishes reviews and reputation. Never miss an opportunity with push notifications from system admin about transactional order activity and incoming social messages to keep you moving forward.

Integrated solution for a seamless experience

Users may gain efficiency and automation with routine business processes. The CHEX platform integrates with other software providers and 3rd party services that matter to you. We also have an Open API ready for industry platforms that want to connect with us. Ask your vendors about it and inform us if you’d like to see specific integrations. Pictured are some of the resources we aim to seamlessly connect as the Exchange and Cannabis industry matures.

A system to address industry growth challenges

As the Cannabis industry scales in line with the global legalization movement, standardization becomes paramount for efficient commodity exchange.

Due to the unique nature of the plant, and Cannabis components being the most nuanced commodities in the world relative to agricultural and other exchange-traded commodities, applying existing trade standards from similar industries is not an effective approach. In collaboration with strategic partner companies, CHEX is developing a B2B exchange system aiming to contribute best practice standards related to Product Specifications, Quality Control and Supply Chain Management data/transparency.

Addressing all aspects of Quality Control

Genotype strain identification is an emerging science. Phenotype expression of Genotype is induced by cultivation environment, and must be classified by a comprehensive set of Product Specifications valued by the market. Chemotype is the chemical distinction of the plant as dictated by both Genotype and Phenotype, and includes lab testing for potency, microbials, pesticides and more. Lastly, as noted by the Trichome Institute – Genotype, Phenotype and Chemotype factors do not equate to Quality, which requires end-product consumption safety testing for proper cultivation flush, mold, bugs, nutrient lock, etc.

Supply Chain Management transparency

Every B2B exchange in the supply chain should provide comprehensive information for downstream stakeholders about product origin, production methods used by each supplier since product origin, and final testing assessments. Consistent with global commodity exchange standards – Suppliers must issue a Certificate of Authenticity (COA) outlining detailed current and historical product output quality metrics. Wholesale Cannabis purchasing decisions should be informed with such data from each Cultivator and Manufacturer that contributed to the end product, and B2C entities can be empowered to better educate consumers & patients. Integrity with transparent supply chain and quality control practices is our goal.

Order and delivery tracking solution

Utilizing proprietary features and software integrations, a robust back-office solution is provided for wholesale transaction management.

Order tracking, logistics management, conflict resolution, payments & settlement, and internal & regulatory reporting. Helpful notifications from system Admin, and customer service with CHEX Support. Let us know what custom features you require to solve business needs, and we’ll be glad to develop them for our clients.

Positioned for the future of business technology

A “next-generation platform” built on disruptive Blockchain technology means there is no longer a need to trust a company to be free of corruption. A “trustless” distributed ledger system ensures decentralized data integrity, immutably recorded on the Blockchain.

Utilizing the Blockchain also allows for digital currency payment solutions. Furthermore, for future disruption, Blockchain technology is ideal infrastructure to embrace emerging & converging technologies – such as Machine Learning, Smart Contracts and IoT – to realize transformational efficiency with digital and physical business process automation. Our vision is to leverage such innovation to empower and simplify your business.